Question: Refer to the Mini - S &P contract in Figure 2 2 . 1 . Assume the closing price for this day. Required: a
Refer to the MiniS&P contract in Figure Assume the closing price for this day. Required: a If the margin requirement is of the futures price times the contract multiplier of $ how much must you deposit with your broker to trade the June maturity contract? b If the June futures price increases to $ what percentage return will you earn on your investment if you entered the long side of the contract at the price shown in the figure? c If the June futures price falls by what is your percentage return?
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